Why Getting Pre-qualified Gives You a Buyers Advantage!

In order for the home buying process to run smoothly, one of the smartest things you can do is to get pre-qualified for a mortgage.

A pre-qualification is an estimate of how much you can borrow from a lender and it allows you to explore loan options specific to your financial situation.

Pre-qualifying for a loan before you go home shopping helps you set a budget and strengthen your negotiating position when making an offer.

How to pre-qualify

Pre-qualification is a simple process that can be done at zero cost and with no obligation. There are several options you can choose to get pre-qualified. You can submit your information to us online, you can provide your information over the phone, or you can provide it in person.

Once you pre-qualify successfully, you will be given a letter stating how much you may be able to borrow based on the information you provided. You can share this with your real estate agent, or simply tell the agent a price range based on the outcome of your pre-qualification.

Making an offer

Once you find the right home to make an offer on, simply inform us of the address and your offer and we will update your loan estimate and pre-qualification letter to match the offer.

Since every home will likely have a different mortgage cost for you, we want you to see those numbers before deciding on your offer.